§5226. Procedure

1.Notice and hearing.
Before designating a development district or adopting a development program, the
municipal or plantation legislative body or the municipal or plantation legislative body's designee must hold at least one public hearing. Notice of the
hearing must be published at least 10 days before the hearing in a newspaper of general
circulation within the municipality or plantation.

[
2011, c. 101, §16 (AMD)
.]

2.Review by commissioner.
Before final designation of a tax increment financing district, the commissioner
shall review the proposal to ensure that the proposal complies with statutory requirements.
In the case of a downtown tax increment financing district, the Department of Agriculture, Conservation and Forestry and the Department of Transportation shall review the proposal and provide advice
to assist the commissioner in making a decision under this subsection.

3.Effective date.
A designation of a tax increment financing district or a development program for a tax increment financing district is effective upon approval by the commissioner. A designation of a development district
other than a tax increment financing district is effective upon approval by the municipal
or plantation legislative body. A development program other than a development program for a tax increment financing
district is effective upon adoption by the municipal or plantation legislative body.

[
2013, c. 184, §5 (AMD)
.]

4.Administration of district.
The legislative body of a municipality or plantation may create a department, designate an existing department, office, agency, municipal
housing or redevelopment authority or enter into a contractual arrangement with a
private entity to administer activities authorized under this chapter.

[
2011, c. 101, §18 (AMD)
.]

5.Amendments.
A municipality or plantation may amend a designated development district or an adopted development program only
after meeting the requirements of this section for designation of a development district
or adoption of a development program. A municipality or plantation may not amend the designation of a development district if the amendment would result
in the district's being out of compliance with any of the conditions in section 5223,
subsection 3.